News Archive

Augmentum Fintech to exit investment in FullCircl

31st Oct 2024 10:53

(Sharecast News) - Augmentum Fintech announced on Thursday that nCino, a Nasdaq-listed digital banking platform, had agreed to acquire FullCircl, a regulatory technology (RegTech) platform in which it holds an interest.

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Custodian Property sells vacant Solihull office for £1.4m

31st Oct 2024 10:43

(Sharecast News) - Custodian Property Income announced the sale of a vacant office unit in Solihull for £1.4m on Thursday, achieving a 33% premium over its valuation as of 30 June.

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Europe midday: Stoxx 600 hits eight-week low

31st Oct 2024 10:41

(Sharecast News) - European stock markets fell sharply on Thursday as a barrage of disappointing corporate earnings weighed on sentiment, pushing the Stoxx 600 to its lowest level in nearly two months.

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London midday: FTSE falls further as investors assess Budget

31st Oct 2024 10:36

(Sharecast News) - London stocks had fallen further by midday on Thursday as investors sifted through a raft of corporate releases, including third-quarter results from Shell, and continued to mull the implications of the Budget.

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Eurozone inflation back up to 2% target as energy deflation eases

31st Oct 2024 10:28

(Sharecast News) - Eurozone inflation met the European Central Bank's target level of 2% in October after rebounding strongly from its lowest rate in three years the previous month.

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Filtronic manufacturing output hits targets

31st Oct 2024 10:16

(Sharecast News) - Mission-critical communication network components business Filtronic said on Thursday that manufacturing output has reached planned customer volume and quality requirements following strong order flow from SpaceX in H1.

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BNP Paribas net income grows as core business faces challenges

31st Oct 2024 10:13

(Sharecast News) - BNP Paribas shares were in the red on Thursday morning, after it reported third-quarter net income of €2.87bn, marking a 5.9% year-on-year increase, amid challenges in its core lending business and a mixed performance from investment banking.

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Asia report: Most markets fall as Bank of Japan holds rates

31st Oct 2024 10:06

(Sharecast News) - Asia-Pacific markets saw a general downturn on Thursday as investors reacted to the Bank of Japan's decision to keep interest rates unchanged and monitored China's latest manufacturing data.

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SocGen reshuffles management as Q3 numbers beat forecasts

31st Oct 2024 09:58

(Sharecast News) - French lender Societe Generale posted better-than-expected quarterly profits on Thursday, as it unveiled a shake-up of senior management.

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Coca-Cola HBC reports strong third-quarter revenue growth

31st Oct 2024 09:55

(Sharecast News) - Coca-Cola HBC reported strong organic revenue growth of 13.9% in its third quarter on Thursday, fuelled by focused execution throughout the summer period.

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Spectris Q3 sales down

31st Oct 2024 09:34

(Sharecast News) - Precision instrumentation and controls group Spectris warned on Thursday that the recovery it had anticipated at the time of its H1 results was "taking longer to materialise".

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Stellantis Q3 sales tank as US inventory reduction continues

31st Oct 2024 09:27

(Sharecast News) - Shares in Italian-American auto giant Stellantis edged higher on Thursday after a big drop in third-quarter revenues wasn't as bad as feared, as the company works to cut inventory levels at US dealerships.

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UK retail footfall eases in October - BRC

31st Oct 2024 09:01

(Sharecast News) - UK retail footfall declined in October, industry data showed on Friday, reversing much of September's surprise uplift.

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Kainos FY revenues to be 'moderately below' market views, shares slide

31st Oct 2024 08:43

(Sharecast News) - Kainos tumbled on Thursday as the IT services company said full-year revenues would be "moderately below" current market consensus, with the majority of the reduction flowing through to adjusted pre-tax profit.

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Beer volumes disappoint at AB InBev

31st Oct 2024 08:18

(Sharecast News) - Shares in Anheuser-Busch InBev came under pressure on Thursday, after the brewing giant posted a sharper-than-expected drop in beer volumes.

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